Technology and Science Dynamics (TSD), the company behind ArmPhone smartphones, said in a conversation with PanARMENIAN.Net that it's preparing to launch a new model in the near future.

"We are now working on a new model which will be ready within a month or two," company spokeswoman Anahit Baghdasaryan said.

Baghdasaryan did not provide all the details, but said that designing, developing and implementing a smartphone project is a pretty time-consuming process.

Also, the company is looking to introduce a new tablet model, but the company representative said more information will be provided only after the smartphone is launched.

As reported earlier, production of smartphones has dropped by 26.7% in Armenia, the national statistical service reveals.